Declining Open Interest, as seen across `$XLM `, `$NIL `, and `$VELODROME `, often indicates that positions are being closed. In a BEARISH `BTC ` macro, this can mean short-term relief if shorts are closing, or a lack of new conviction if longs are exiting. I evaluate this alongside other metrics.

🔥 Deep Market Intel

👉 Order Book: Balanced DOM (0.98x)

👉 1H Open Interest: Accumulating (+)

👉 Whales L/S: 59.7% Long

👉 Taker Flow: 2.13x

👉

🎯 XLM QUANT SETUP 📊

👉 Entry Zone: 0.14598 - 0.14820

👉 🎯 Target 1: 0.14977

👉 🎯 Target 2: 0.15135

👉 🎯 Target 3: 0.15324

👉 🛑 Invalidation (SL): 0.14409

🔥 Deep Market Intel

👉 Order Book: Heavy Sell Walls (0.50x)

👉 1H Open Interest: Declining (-)

👉 Whales L/S: 49.4% Long

👉 Taker Flow: 1.14x 📊

It's about understanding the context.

#OpenInterest #Derivatives